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| | | ... deteriorating economic conditions. Mining heavyweights BHP Billiton and Rio Tinto were both up 1.7 per cent at the open. The Sydney gold price was 1578.95 down $21.81 from $1600.76 on Friday. At 1020 AEST National turnover was 159 million securities ... |
| | | | Goldman Sachs will advise the NSW government on the $3bn sale of the State's electricity generators while Citigroup will act as specialist financial adviser on the sale or lease of the Cobbora coal mine development. "The sale of the State's electricity ... |
| | | | The Australian Securities & Investments Commission has obtained court orders against the operators of a Gold Coast based unlicensed financial services business, following an investigation that resulted in 37 investors losing approximately $680,000. ... |
| | | | Perpetual has sold its registry business to specialist back-office administrator MainstreamBPO as part of its wider restructure. A perpetual spokesperson said that "it was clear that the technology investment required to grow this business ourselves ... |
| | | | Real estate allocations in European pension funds are now bordering on negligible amid a European shift away from defined benefit schemes, according to Goldman Sachs Asset Management. Paul Trickett, head of global portfolio solutions at GSAM told a ... |
| | | | ... May's financial aggregates data. In equities news, Australian Mines, Australian Zircon NL, Blackham Resources Ltd, Chalice Gold Mines, DiamonEx Ltd and Eureka Energy are scheduled to hold general meetings. Meanwhile, Myer chief executive Bernie Brookes ... |
| | | | ... 2012 to rise by up to 81 per cent due to higher refinery production. Caltex was up 14 cents at $13.29. The spot price of gold in Sydney was $US1,575.30 per fine ounce, up $US4.545 from Wednesday's closing price of $US1,570.755 per ounce. Mr Leppinus ... |
| | | | The Australian market looks set to open higher following overnight gains on Wall Street. At 0830 AEST on Monday, the September share price index futures contract was up 13 points at 4,014. No major economic news is expected on Monday. In equities news ... |
| | | | ... enough. The Dow fell by 2.0%, the S&P 500 declined by 2.2% and the Nasdaq lost 2.4%. It was a similar story for commodities: Gold dropped by 2%, silver 3.6%, copper 2.2%, oil 2.1%. (As an aside, the Fed would still be unmoved by the magnitude of last ... |
| | | | ... scheduled to address the Australian Banking and Finance Retail Financial Services Forum 2012 in Sydney. In equities news, Allied Gold Mining Plc and Reclaim Industries are due to hold annual general meetings while HealthLinx has an extraordinary general ... |
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